If we do not restore the Institution of Property we cannot escape restoring the Institution of Slavery; there is no third course.
Hilaire BellocBe at the pains of putting down every single item of expenditure whatsoever every day which could possibly be twisted into a professional expense and remember to lump in all the doubtfulls.
Hilaire BellocProtest against Industrial Capitalism from one aspect or another is universal: so was the protest against the condition of European religion at the beginning of the sixteenth century.
Hilaire BellocWhen the mass of families in a State are without property, then those who were once citizens become virtually slaves. The more the State steps in to enforce conditions of security and sufficiency; the more it regulates wages, provides compulsory insurance, doctoring, education, and in general takes over the lives of the wage-earners, for the benefit of the companies and men employing the wage-earners, the more is this condition of semi-slavery accentuated.
Hilaire BellocBut though Usury is in itself immoral, and justly condemned by every ethical code, its chief and worst defect in the particular case we are now examining, the growth of Capitalism and its increasing proletariat, is the centralization of irresponsible control over the lives of men: the putting power over the proletariat into the hands of a few who can direct the loans of currency and credit without which that proletariat could not be fed and clothed and maintained in work.
Hilaire Belloc